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20121112
20121120
Search Results 0 to 7 of about 8 (some duplicates have been removed)
-seltzer on facebook. ♪ >> we thought we'd bring you some good news this week. the international energy agency reported monday that the the u.s. is likely to surpass saudi arabia as the world's largest oil producer as early as 20/20 and predicts that the u.s. will increase production to 11.1 million barrels a day by 2020, up to about 6.9 million barrels in 2008. that is if the obama administration allows it. so, steve, you've been out to the shale in north dakota where it's coming from, and fracking so-called, and drilling and private risk taking. what does it mean for the u.s. energy markets? >> well, this is such a great, great pro american stir and by the way, paul, it's not just oil, it's also natural gas. >> paul: right, sure. >> my goodness we have more natural gas than the rest of the world combined and it's driven by the technological improvements and a five or ten year technological lead than the countries we're competing with. it's interesting, paul, if you look the at the last three or four years, now what industry has created more than any other industry in the united states. >> pa
, and fracking so-called, and drilling and private risk taking. what does it mean for the u.s. energy markets? >> well, this is such a great, great pro american stir and by the way, paul, it's not just oil, it's also natural gas. >> paul: right, sure. >> my goodness we have more natural gas than the rest of the world combined and it's driven by the technological improvements and a five or ten year technological lead than the countries we're competing with. it's interesting, paul, if you look the at the last three or four years, now what industry has created more than any other industry in the united states. >> paul: the electric car industry, steve? (laughter) >> no, not that one. oil and gas and the thing that's so amazing, the president is doing almost everything he can to try to hold this back with regulations and with not allowi allowing permitting most of the oil and gas development is going out on private land and where the president has to get with the program because we could literally create millions more jobs if we get this story right. >> paul: jim, the consequences here economica
capital is a big drag, but on the other hand, there's energy prices low. you've got a low relatively -- natural gas, you got housing, having apparently hit bottom, starting to turn, so there's a variety of things. there's a lot of money on the sidelines. >> you raised china. talk about china for a second. the united states, europe, japan, latin america, asia excluding china, every one of those regions experienced a financial and economic crisis in the last 20 years. china stands out as not having gone through such turmoil. can they continue? can they keep that up? is china the next country that we have to worry about for some kind of economic upheaval? >> i'll start. well, the short term, i think what's important for people to understand this year with the political transition is the chinese leadership has a real fear of inflation, and this goes back to 89. they were going o error on the side of being careful with food prices, higher inflation. now that they are threw that, what you start to see if they've got the resources to be able to avoid a hard landing, but the critical questio
and energy across-the- board themjeff, you had a press . >> , but will this be in the future? >> that is contributed and raised. i love was proud to have been on the national finance committee for the president. but weaver able to contribute with our partners and enemies li-- we endorse 233 candidates. we did well with the vast majority of them. we have losses here and there. particularly with moderate republican said did not win. i came in june and work my darnest to direct as many resources as the could and to raise outside of the building. more people notice brad pitt's contribution and more people opened his e-mails and mine. i will continue to be as aggressive as i can be. this is a turning point. this is our moment. we have to keep fighting like victoriesn thiese because the stakes are too high and the consequences of losses are significant. >> say the supreme court takes one of these cases and it is decided in our favor and 41 states have marriage equality. what do you say to the opposition's opposition the this will become the next abortion? >> if the supreme court st
Search Results 0 to 7 of about 8 (some duplicates have been removed)